Loading...

Auto-loan delinquencies stay on track

Published: August 20, 2015 by Guest Contributor

While auto delinquencies declined slightly year over year (3.01% for accounts 30 days past due or greater in Q2 2015 versus 3.03% a year earlier), it is interesting to note the variance in delinquency by lender channel.

Lender type
Percent of auto loans 30 days past due
or greater in Q2 2015
Credit unions
1.66%
Banks
2.15%
Captive auto
2.70%
Finance companies
7.09%

As auto-loan originations continue to expand, lenders can stay ahead of the competition by using advanced analytics to target the right customers and increase profitability.

>> Video: Successfully navigate the World of Consumer Credit

Related Posts

View our digital lending trends report for a full analysis on origination volume trends, delinquency trends, and consumer behavior insights. Read more!

Published: June 1, 2023 by Laura Davis

With the right technologies and solutions, rental housing operators can manage risk and create better experiences for prospective renters.

Published: February 9, 2023 by Manjit Sohal

Matthew Baltzer, Senior Director of Product Marketing, discusses challenges facing the debt collections industry and how to build a profitable portfolio.

Published: November 30, 2022 by Laura Burrows